A multidisciplinary team based in Melbourne has acted for The GPT Group (GPT), a leading Australian real estate investment trust, and the GPT Wholesale Office Fund on their joint purchase of CBW for A$608 million from CBUS Property.

CBW, otherwise known as ‘Corner of Bourke and William’, is one of the largest recent developments in the city, comprising approximately 75,000 sqm of office space and 5,000 sqm of retail on the corner of two of Melbourne’s most central streets.

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it advised Finanziaria Internazionale Investments SGR S.p.A. (“Finanziaria Internazionale”) on the acquisition of a photovoltaic (PV) power park comprising 10 plants with an aggregate capacity of 10 MWp. The park, located in the Municipality of Serre (Province of Salerno, Campania Region), is built on public land belonging to the Ministry of Defence.

The Crown Estate has completed its purchase of Fosse Shopping Park in Leicester for £345.5m in a joint venture with Gingko Tree Investment Ltd.

Both organisations will take a 50% stake in Fosse Park through an English Limited Partnership, with The Crown Estate managing the asset on behalf of the partnership.

Watson, Farley & Williams (“WFW”) has advised Allianz Renewable Energy Fund (“AREF”) on the acquisition of wind farms in the German federal state of Brandenburg. WFW provided comprehensive advice on both the legal and tax aspects of the transactions.

Clifford Chance has advised Accor on the purchase of a portfolio of 86 hotels representing 11,286 rooms across Germany (67 hotels) and the Netherlands (19 hotels) operated by Accor since 2007 under variable-rent leases and under the following brands: ibis (29 hotels), ibis budget (31 hotels), Mercure (17 hotels) and Novotel (9 hotels). The total consideration for the acquisition is €722 million.

The majority sellers were two funds, Moor Park Fund I and II, advised by Moor Park Capital Partners, a pan-European real estate private equity investment advisory business.

Dentons’ Real Estate team advised Starwood Capital Group on its entry into the Polish office market with the acquisition of a portfolio of three prime office complexes from real estate developer Ghelamco.

Dentons’ Real Estate team advised Starwood Capital Group on its entry into the Polish office market  with the acquisition of a portfolio of three prime office complexes from real estate developer Ghelamco.

Baker & McKenzie is advising The Link Management Limited ("Manager"), manager of The Link Real Estate Investment Trust (”The Link REIT”), on The Link REIT's acquisition of the commercial development, signage areas and commercial private car and motor cycle parking spaces of Lions Rise Mall in Kowloon (the "Property") from a wholly owned subsidiary of Kerry Properties Limited for a total consideration of HKD1.38 billion.

Global law firm White & Case LLP has advised PointPark Properties (P3), the specialist owner, developer and manager of European logistics properties, on the €523 million acquisition of a Czech logistics portfolio from two funds controlled by Tristan Capital Partners and VGP.

P3, owned by a leading global private equity firm TPG Capital and real estate company Ivanhoe Cambridge, has agreed to buy 58 warehouses and development land covering a total of 627,000 square metres in a number of strategic locations across the Czech Republic, including the capital Prague.

Ashurst advised Far East Hospitality Holdings Pte Ltd (Far East Hospitality), a subsidiary of Singapore-listed Far East Orchard Limited, on the acquisition of a 50% interest in a portfolio of property companies which own four hotel properties in Europe.

Herbert Smith Freehills is advising AGL on its A$1.505 billion acquisition of the assets of Macquarie Generation , including the 2,640MW Bayswater Power Station, the 2,000MW Liddell Power Station, the 50MW Hunter Valley Gas Turbine and the Liddell Solar Farm (MacGen Assets), and associated A$1.2 billion capital raising and A$350 million debt funding.